Bitcoin Forum
May 02, 2024, 02:21:07 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 »
  Print  
Author Topic: Ethereum mining still profitable?  (Read 131193 times)
coinfoundry
Full Member
***
Offline Offline

Activity: 292
Merit: 100


Miningcore


View Profile WWW
August 30, 2017, 01:41:13 PM
 #1261

The other problem is the ICE age or the diffculty bomb.

Which has been partially disarmed by the recent update.

Miningcore.pro - Stress-Free, Reliable Crypto Mining. Period.
1714616467
Hero Member
*
Offline Offline

Posts: 1714616467

View Profile Personal Message (Offline)

Ignore
1714616467
Reply with quote  #2

1714616467
Report to moderator
1714616467
Hero Member
*
Offline Offline

Posts: 1714616467

View Profile Personal Message (Offline)

Ignore
1714616467
Reply with quote  #2

1714616467
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714616467
Hero Member
*
Offline Offline

Posts: 1714616467

View Profile Personal Message (Offline)

Ignore
1714616467
Reply with quote  #2

1714616467
Report to moderator
1714616467
Hero Member
*
Offline Offline

Posts: 1714616467

View Profile Personal Message (Offline)

Ignore
1714616467
Reply with quote  #2

1714616467
Report to moderator
1714616467
Hero Member
*
Offline Offline

Posts: 1714616467

View Profile Personal Message (Offline)

Ignore
1714616467
Reply with quote  #2

1714616467
Report to moderator
baga105
Sr. Member
****
Offline Offline

Activity: 362
Merit: 250


View Profile
August 30, 2017, 01:43:13 PM
 #1262

The other problem is the ICE age or the diffculty bomb.

Which has been partially disarmed by the recent update.

So basicly this means.. more power = more coins ??
I mean.. The difficulty will be straight line just like on ETC?

Ass, Gas or Grass! No one rides for free!
BitPlace
Member
**
Offline Offline

Activity: 210
Merit: 10


View Profile
September 11, 2017, 07:36:05 AM
 #1263

The other problem is the ICE age or the diffculty bomb.

Which has been partially disarmed by the recent update.

So basicly this means.. more power = more coins ??
I mean.. The difficulty will be straight line just like on ETC?

In the near future, when the time bomb is defused, it is similar.
Oasisman
Hero Member
*****
Online Online

Activity: 2604
Merit: 549


Rollbit


View Profile WWW
September 17, 2017, 07:35:25 AM
 #1264

Very lucky that pos was postponed for another year

Mining is still profitable for people already in. I highly discourage anyone to join it now since in two months, maybe three, mining will completely stop because of Casper, meaning a transition from PoW to PoS.

What? What is it now? PoS soon or postponed?

PoS won't be until 2018 at the earliest. The fact that there is no concrete timeline should tell you a lot about how close to "finished" it is.

I think they should do the work properly before upgrading.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
margrettco62
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
September 17, 2017, 07:41:11 AM
 #1265

Yes in 2017. You can make a few bucks a day if you have a decent setup and cheap electricity.
glowing10
Full Member
***
Offline Offline

Activity: 812
Merit: 142


View Profile
September 17, 2017, 08:25:42 AM
 #1266

It is profitabile for people who made rig 2 months ago and earlier but i if you want to make rig now I think that isn't profitabile because ROI is near 1 year. Hardware is just so expensive.

Yes there are only few people left mining this in our country now because of some of the reason like electricity costs is very high. If you have your own space then its fine else rentals may kill you where electricity is 24 hours available. Plus the cost of rigs are expensive and above all ROI is a long period wait due to which buying directly is beneficial.
Metroid
Sr. Member
****
Offline Offline

Activity: 2142
Merit: 353


Xtreme Monster


View Profile
September 17, 2017, 10:26:44 AM
 #1267

I warned you trolls, you never listened to me hehe, right now profit per card is around $0.40 a day, mining 24 hours, soon will be $0.05 and we will get to a time where you will have to pay to mine hehe

But do not worry cause you can always trade your gpu's x fabricated coffins to rest in peace after you commit suicide hehe

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
Marvell2
Full Member
***
Offline Offline

Activity: 1148
Merit: 132


View Profile
September 17, 2017, 01:08:21 PM
 #1268

I warned you trolls, you never listened to me hehe, right now profit per card is around $0.40 a day, mining 24 hours, soon will be $0.05 and we will get to a time where you will have to pay to mine hehe

But do not worry cause you can always trade your gpu's x fabricated coffins to rest in peace after you commit suicide hehe

dream on it wont never go to .05 per card are u crazy? mining across the board is all down due to the china fud
by end of oct nov coins will pump again and it will be back to at least 1.50 percard
Metroid
Sr. Member
****
Offline Offline

Activity: 2142
Merit: 353


Xtreme Monster


View Profile
September 17, 2017, 01:35:09 PM
 #1269

dream on, it will be back to at least 1.50 percard

The only one dreaming here is you, face the reality troll.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
Xianantung
Newbie
*
Offline Offline

Activity: 68
Merit: 0


View Profile
September 22, 2017, 03:03:25 PM
 #1270

dream on, it will be back to at least 1.50 percard

The only one dreaming here is you, face the reality troll.

Why. I notice my card profit is less than $1.
Metroid
Sr. Member
****
Offline Offline

Activity: 2142
Merit: 353


Xtreme Monster


View Profile
September 22, 2017, 03:21:02 PM
 #1271

Why. I notice my card profit is less than $1.

It is much much less than whattomine says, so whattomine right now says $0.90 per card, that is bullshit, right now profit is around $0.35 per card. well i would not say profit at all, that is more like a gift money for keeping the network safe hehe, profit would be if it was more than $3 which was just for 3 weeks hehe.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
bazar111
Full Member
***
Offline Offline

Activity: 504
Merit: 100



View Profile
September 22, 2017, 03:31:49 PM
 #1272

ETC is more profitable than ETH
Opquar
Sr. Member
****
Offline Offline

Activity: 385
Merit: 250


View Profile
October 02, 2017, 08:32:26 AM
 #1273

ETC is more profitable than ETH

I think the profitibility has changed a lot recently.
mr.relax
Hero Member
*****
Offline Offline

Activity: 1651
Merit: 863



View Profile
October 02, 2017, 12:58:47 PM
 #1274

Finished mining already. Its a daily loss with my local electricity prices.
Never ever receiving back the hardware investment.
Just 3 Months ago there was a very nice ROI and profit.
The ETH difficulty bomb has hit me with full force...

just glad not bought more mining hardware

Trade across blockchains DECENTRAL : https://cutt.ly/rOSoDl
Sev18
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
October 02, 2017, 01:05:10 PM
 #1275

Difficulty and price changes, profitability fluctuates within many PoW altcoins.
Multi algo mining could bring you some solutions.

■■■■■■■  Multi-Algo Switching Manager - MULTIPOOL MULTIALGO Profit Switch Launcher  ■■■■■■■
■■■■■■■             https://bitcointalk.org/index.php?topic=2041971             ■■■■■■■
■■■■■■■                           Download Now!                           ■■■■■■■
Natuhant
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
October 08, 2017, 12:19:34 PM
 #1276

Difficulty and price changes, profitability fluctuates within many PoW altcoins.
Multi algo mining could bring you some solutions.

For most of the altcoins, they adjust the difficulty every block, muilti pool mining is not as profitable.
Ultegra134
Hero Member
*****
Offline Offline

Activity: 1554
Merit: 744



View Profile
October 08, 2017, 12:28:21 PM
 #1277

Ethereum GPU mining has started to die out after the recent difficulty spike of the last few days. It's noteworthy to mention that in the past few weeks, the highest difficulty was recorded (On 23rd of September). Switching to other coins to mine might be more profitable, at least for now, unless this situation changes any time soon, which I doubt.
A quick look on the difficulty chart has shown that the difficulty has dropped just a tad bit the last few days, but it's still way too high after mid September.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Jistlad
Full Member
***
Offline Offline

Activity: 422
Merit: 100



View Profile
October 09, 2017, 06:31:43 PM
 #1278

i think its still profitable,

You need to use the new generation cards if your electricity price is high.

imusify    Award-Winning Blockchain Music Platform    Presale starts March 1
Discord Product Demo O3 Wallet  ::  Get Whitelisted 
Whitepaper    ANNFacebookTwitterTelegramRedditMediumGitHubYouTubeLinkedIN    Explainer Video
davemanet
Full Member
***
Offline Offline

Activity: 336
Merit: 100


View Profile
October 09, 2017, 10:46:07 PM
 #1279

Ethereum GPU mining has started to die out after the recent difficulty spike of the last few days. It's noteworthy to mention that in the past few weeks, the highest difficulty was recorded (On 23rd of September). Switching to other coins to mine might be more profitable, at least for now, unless this situation changes any time soon, which I doubt.
A quick look on the difficulty chart has shown that the difficulty has dropped just a tad bit the last few days, but it's still way too high after mid September.

Yeah I rec mining different coins, just ETH isn't profitable anymore with the difficulty where it's at
davemanet
Full Member
***
Offline Offline

Activity: 336
Merit: 100


View Profile
October 09, 2017, 10:53:07 PM
 #1280

It's profitable still  & is going to be all the way into metropolis because the demand for ether is going to continue to go up. I've heard that metropolis greatly reduces the inflation so there will be substantially less coins generated so we are going to see a large increase again in the price before & after metro.

Can you explain? How does it reduce inflation?  Also when is metropolis?
Pages: « 1 ... 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 [64] 65 66 67 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!